view of property exterior with board and batten siding and stucco siding More Photos

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    For Sale - 126 GARAFRAXA Street, West Grey, Ontario

    Est payment $1,928/mo
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    Views   1
    Time on Jump  58 day

    AI Summary *

    • Centrally located mixed-use building with attractive rental income potential.
    • Two commercial units and two residential units provide diverse investment opportunities.
    • Finished walk-out basement generating additional income for investors.
    • New metal roof and efficient boiler heat for low maintenance costs.
    • Vacant possession of residential units possible for immediate market rental.




    Commercial mixed use-unit centrally located in the town of durham, west grey. 2 commercial unit at ground floor and 2 residential uses on the second floor. Amazing opportunity for commercial & mixed use investors, with approx. 10% of cap rate (potential to maximize), rental income coming approx $5000. 00features approximately 600 sq. Ft. And 240 sq. Ft. Store fronts. 2nd floor 3 bedroom apartment approx. 1000 sq. Ft. And 1 bedroom 400 sqft. Walk out basement is finished and generating income. R. O. W. Road access behind building. Property and building selling 'as is'. Heat approximately $142 per month and hydro approximately $146 per month. Vacant possession of residential units is possible. Perfect opportunity for investors for positive cash flow... New metal roof, boiler heat. Upstairs $1600, main floor $1200, basement $1000, side retail $700, storage $800 (potential income )utilities: $700/month
    Listing IDX12638586
    Address126 GARAFRAXA Street
    CityWest Grey, Ontario
    Price$389,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Other

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    Listing Agency:  LUXE HOME TOWN REALTY INC.
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    126 Garafraxa Street
    West Grey , Ontario
    $389,000
    Get more info